A feared tanking of sales tax collections because of the pandemic has not materialized thus far.

While some modest drops have occurred, the latest month saw a spike that almost set an all-time high. The numbers reported last week by the Mississippi Department of Revenue gave the city its best July ever for the sales tax diversion with $640,868.36. Reflecting sales activity that occurred in May, that is a gain of a little more than $69,000, or 12.1 percent, from a year ago. The average for the same month over the previous five years was approximately $541,700.

The month’s result was within about $600 of the city’s all-time monthly high, which was set during the month reflecting sales from December 2014.

The statewide trend was positive, as well, with collections rising 5 percent across Mississippi.

With two more sales tax deposits to come in the fiscal year, the city’s cumulative total goes to $5,404,873.15, up approximately $159,700, or 3 percent, from the prior fiscal year.

The 2 percent tourism tax on prepared food and lodging continues to take a hit, however. The tax generated $105,077, for the month, off by 19 percent from a year ago. That is on par with special taxes across the state, which collectively were down by 20 percent from a year ago.

Corinth’s tourism tax result was a bit better than the previous month, which was in the red by 27 percent.

Other sales tax results from the region:

n Booneville – $194,873.26 (+17 percent)

n Burnsville – $15,405.32 (-8 percent)

n Farmington – $5,679.72 (+4 percent)

n Glen – $5,099.53 (+22 percent)

n Iuka – $90,884.41 (-0.4 percent)

n Kossuth – $3,561.94 (-5 percent)

n Rienzi – $3,922.55 (+28 percent)

n Ripley – $141,788.92 (+10 percent)

n Tishomingo – $21,987.21 (+43 percent)

n Tupelo – $1,900,514.65 (+1 percent)

n Walnut – $28,315.58 (+26 percent)

Staff Writer

Jebb Johnston is a 1991 Alcorn Central High School graduate and a 1995 Ole Miss journalism graduate. His primary beats are city and county government.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.